Commodities & Metals
Commodities & Metals Articles
Aluminum giant and Dow Jones Industrial Average component Alcoa Inc. (NYSE: AA) has just kicked off earnings season for the Q3-2009 period. Shares were halted ahead of the earnings report. The...
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With gold totally breaking out of the old power-band, it is interesting that a few players are still lagging the pack. Many of these stocks are up 7% and closer to 10% now that many feel the...
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Gold has just hit a new contract high of $1,035.00 on a nominal basis. While this is far short of an inflation-adjusted price compared to the 1980’s highs, this is still a nominal high. The...
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The Mosaic Company (NYSE: MOS) was one stock where we noted that the bar for earnings expectations was very low. The fertilizer and potash player came even lower. It posted $0.23 EPS rather...
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Cash4Gold is a low-rent business that buys cheap TV time to promote its program for people to send it gold in exchange for cash. Turn that old jewelry into money. It turns out that Cash4Gold is an...
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This morning’s reports on unemployment (up), manufacturing (down), housing (sort of up), and consumer spending (up a little) have pushed the market down. Out of the gate this morning, gold miners...
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Fertilizer maker CF Industries Holdings, Inc. (NYSE:CF) said it has purchased 7% of the shares of competitor Terra Industries Inc. (NYSE:TRA) on the open market. CF has also renewed its offer to...
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Now that Barrick Gold Corp. (NYSE:ABX) has raised $4 billion or so to buy out its hedges, the company is set to enjoy an expected run-up in gold prices. In early trading today, Barrick shares were up...
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Barrick Gold Corporation (NYSE: ABX) is going to be taking an action which has mixed implications for shares of Barrick versus the overall gold play now that the shiny yellow metal is hitting...
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The commodities call is back on. It isn’t $100 oil, but it is for $1,000.00 gold. We have two well respected market technicians calling for higher gold prices. At 10:12 AM EST, Spot Gold...
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This morning is looking a little rough for some of the farming, agriculture, fertilizer, and potash stocks. We have seen a downgrade in the sector from UBS this morning. Potash Corp. of...
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Filed in the folder marked “facts most people would never imagine” is the news that nearly nine out of ten bills in the US are contaminated with cocaine. Data released by the American Chemical...
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This morning’s move in gold may have seemed like an anomaly as gold briefly traded up over $970.00 per ounce. The shiny yellow stuff rose $2.28 at $964.78 as of 10:42 AM EST. What is...
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We have two IPO’s today, which sort of got lost in the earnings season shuffle. Despite the recent market strength and the performance of recent IPO’s, both of these have been disappointing....
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The Mosaic Company (NYSE: MOS) has just announced a new unsecured credit facility with a syndicate of banks. While credit has been tight for many companies, this new three-year $500 million...
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